Esusu is a platform designed to facilitate collective savings as a method to improve savings habits, increase access to capital, and help individuals build credit. Today in the United States alone, approximately 106 million people are still 'unbanked'. Saving is hard for anyone, and even more so for those without access to financial institutions. Esusu allows users to form groups (of people they already know) in which they collectively save money and pay the collective sum to a different user each pay period. Esusu is based on the historical concept of 'susu' savings groups in Ghana, but susu is only one of the many names for Rotational Savings and Credit Associations (ROSCA), or informal savings clubs. Through history almost every civilization established some form of these savings groups and this practice still exists in the 21st century. At Esusu we are integrating this practice into today's technology to make it even more accessible and impactful.


A digitized and reinvented old Africans savings and borrowing community finance tool. A practice of low income people to save or have a short-term loan. A concept practiced in Nigeria and West Africa called Adashe, Ajo, Otataje and esusu etc. A traditional rotating savings and credit association that has flourished in Nigeria and Africa for generations and is still widely practiced today. The incentive of participating in “Adashe, Ajo, Otataje and esusu” is the forced savings that it encourages; putting aside money today to benefit from a lump sum payment in the future. Subscribing members contribute a fixed amount periodically. The accumulated funds are usually then assigned to each member of the group in rotation, until all have benefited from the Peer group of funds. As a result, each member is able to access a larger sum of money during the life of the association, and use it for whatever purpose she or he wishes.